Global GP LLC 4
4 · GLOBAL PARTNERS LP · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Global Partners (GLP) General Partner Buys 10,000 Common Units
What Happened
- Global GP LLC (the general partner of Global Partners LP) bought 10,000 common units in two open‑market purchases: 5,000 units on 2026-06-17 at a weighted average price of $43.28 ($216,400) and 5,000 units on 2026-06-18 at a weighted average price of $42.81 ($214,050), totaling approximately $430,450. These were purchases (code P), not sales.
Key Details
- Transaction dates and prices:
- 2026-06-17: 5,000 units at weighted avg $43.28 (range $42.53–$43.88 per filing footnote)
- 2026-06-18: 5,000 units at weighted avg $42.81 (range $42.52–$43.05 per filing footnote)
- Total value: ~$430,450
- Shares owned after transaction: Not disclosed in this Form 4
- Notable footnotes:
- F1: Purchases were made to satisfy obligations under the Global Partners LP Long‑Term Incentive Plan (LTIP); the reporting person disclaims any pecuniary interest and says this report should not be taken as admission of beneficial ownership.
- F2/F3: Reported prices are weighted averages; the filing offers to provide a breakdown of exact transaction prices within the stated ranges upon request.
- Timeliness: Filed 2026-06-22 for trades on 2026-06-17 and 2026-06-18 — this is later than the standard 2‑business‑day Form 4 filing window, which reduces near‑term transparency.
Context
- These purchases were made by the general partner to satisfy LTIP award obligations for directors and officers, which is an administrative/plan‑related transaction rather than a direct personal buy by an individual officer. Such plan‑satisfying transactions may not signal the same personal conviction as direct insider purchases.
Insider Transaction Report
Form 4
Global GP LLC
Other
Transactions
- Purchase
Common units representing limited partner interests
[F1][F2]2026-06-17$43.28/sh+5,000$216,400→ 141,584 total - Purchase
Common units representing limited partner interests
[F1][F3]2026-06-18$42.81/sh+5,000$214,050→ 146,584 total
Footnotes (3)
- [F1]Global GP LLC is purchasing common units for the purpose of satisfying obligations pursuant to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan ("LTIP"). The reporting person disclaims any pecuniary interest in these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16.
- [F2]The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $42.53 to $43.88, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $42.52 to $43.05, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (3) to this Form 4.
Signature
Erin Powers Brennan, Attorney-in-Fact for Global GP LLC|2026-06-22